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Medium, the once-promising platform led by Twitter cofounder Ev Williams, is losing 50 staffers -- about a third of its workforce -- and will undergo a radical overhaul to fix what the CEO has deemed a "broken" business model -- advertising-supported online publishing. Williams touted the company's ...

Apple's App Store racked up an all-time high of $240 million in sales on the first day of this year. On the whole, 2016 was a very good year for Apple devs, who earned more than $20 billion for their apps -- up 40 percent over 2015. "Apple has always had the most profitable ecosystem and app market ...

ANALYST CORNER

Which Wireless Carrier Is Best for You?

Which wireless carrier is best? Many studies are undertaken every year, and while they are interesting and accurate, they often are not that useful in selecting the best carrier for you. Why? Simple. They are generic studies, but you are not a generic customer. If wireless performance were the same ...

The price of bitcoin soared to a new three-year high on Monday, surpassing the $1,000 mark for the first time, in response to economic and geopolitical uncertainty in China following the U.S. presidential election. The price of bitcoin stood at more than $1,025 in late trading on Tuesday, after risi...

Evernote Toes the Privacy Line

Caught off guard by a huge backlash, Evernote recently abandoned its plan to let staffers read customer notes under certain circumstances. The plan, which was scheduled to go into effect in January, would have allowed staffers to review private customer notes as a means of assessing the accuracy of ...

Apple and the government of Ireland are fighting what some view as a European Union tax grab. The two recently filed a formal appeal of the EC's decision ordering Apple to pay nearly $14 billion in back taxes, based on its finding that Ireland had given Apple several illegal tax breaks. The commissi...

Softbank has cut a check for $1 billion to OneWeb, which plans to build a constellation of satellites to provide Internet access to underserved parts of the world, the companies announced Monday. Helmed by satellite industry veteran Greg Wyler, OneWeb raised a total of $1.2 billion in its latest rou...

ANALYST CORNER

2017: AI’s Coming Out Party

AI will be having a big coming out party in 2017. While there are plenty of opportunities in this space for workers, executives, investors and partners, not every company that uses the term "AI" in its marketing will become a serious winner in the field. As advanced as AI is -- and I have seen some ...

GOVERNMENT IT REPORT

Cloud Enters Mainstream in Federal IT Investment Plans

U.S. government agencies will continue to invest hefty sums in cloud computing technology over the next five years. After that period, spending on cloud is likely to moderate, but the amount of investing will remain at impressive levels. Cloud computing is far from mature within the federal governme...

There appears to be some optimism in the air following Wednesday's highly anticipated sit-down between the Trump transition team and more than a dozen top Silicon Valley executives at Trump Tower. Outsourcing and domestic hiring policies were contentious issues during the often volatile presidential...

U.S. Federal Communications Commission Chairman Tom Wheeler has announced that he will leave the agency he helmed for the past three years on Jan. 20, the day President-elect Donald Trump will be sworn in. "Serving as FCC chairman during this period of historic technological change has been the grea...

Amazon on Wednesday announced that it had completed its first drone delivery in the UK. During the private customer trial period, packages of up to 5 pounds will be delivered within half an hour. The first live delivery took place a week ago, when a highly automated drone delivered a bag of popcorn ...

Facebook investors have accused director Marc Andreessen of secretly coaching CEO Mark Zuckerberg regarding a major sale of shares he held. The structure of the sale enabled Zuckerberg to refocus on philanthropic activities while maintaining lifetime control over the company he cofounded. The suit a...

Some of high-tech's heaviest hitters will be in New York City Wednesday to meet with President-elect Donald J. Trump. On the list of all-stars expected to attend the meeting are Alphabet CEO Larry Page, Apple CEO Tim Cook, Facebook COO Sheryl Sandberg, Microsoft CEO Satya Nadella, Cisco CEO Chuck Ro...

Microsoft last week closed its $26 billion acquisition of LinkedIn. LinkedIn will remain a separate company and Jeff Weiner will continue as its CEO, but he now reports to Microsoft CEO Satya Nadella. Integration of the companies' products is under way. Among many other things, a user's LinkedIn ide...


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